Continued tepid demand from the major industrial economies coupled with slower growth in China are weighing on the outlook for developing Asia, says a new Asian Development Bank (ADB) report. The latest Asian Development Outlook Supplement released Tuesday trimmed the 2013 growth forecast for the 45 developing member countries of ADB to 6.3% and cut its 2014 […]
Unidentified gunmen shot dead four people in Quetta Monday evening in a sectarian-motivated attack, police said. The gunmen, in a car, sprayed bullets at a vehicle of a trader belonging to Shia Hazara community as he was heading home. Police said four gunmen opened fire at the vehicle, carrying five persons, on the busy […]
Prime Minister Muhammad Nawaz Sharif Monday expressed the confidence that there will be substantial decrease in load-shedding in coming months due to short measures initiated by the government. Addressing the inaugural ceremony of the New Bong Escape Hydropower Project in Mirpur, the Prime Minister said a number of measures have been initiated to […]
President, Asif Ali Zardari, will not seek second time, Presidential Spokesman, senator Farhatullah Babar said on Monday. The term of Mr. Zaradri, who was elected President in September 2008, will complete in the second week of September this year. “President Asif Ali has decided not to contest election for the second time,” Babar told reporters […]
Pakistan on Monday strongly condemns the US drone strike that killed two people in North Waziristan tribal agency late on July 13. It was third US attack since Sharif has come to power, two suspected militants riding a motorcycle were struck by missiles in the Mir Ali on Saturday night. “These unilateral strikes are a […]
The Federal Board of Revenue says that sales tax on old and used clothes has been reduced. The official spokesperson of the FBR was clarifying a news item appearing in a section of the press, which had stated that the govt has increased sales tax on used cloths. She stated that Sales Tax on old and […]
The Afghan Taliban says that an Afghan National Army [ANA] soldier, who killed a foreign serviceman at the Kandahar air brigade and injured a number of others five days ago, has escaped from the detention centre with the help of another ANA soldier and both have joined them. The Taliban spokesman, Qari Mohammad Yousaf Ahmadi, […]
Pakistan Tehreek-e-Insaf (PTI) has delayed demonstrations against load shedding in Khyber Pakhtunkhwa scheduled for Monday, the ruling party said. Chief Minister Khyber Pakhtunkhwa (KPK) Pervez Khattak was to lead the protest. PTI says it wants to consult other parties for joint protest. The federal gov’t was also unhappy at the announcement made by a group […]
Chief Minister Khyber Pakhtunkhwa, Pervez Khattak, will lead a rally in Peshawar on Monday to protest against the long power outage in the province, provincial assembly members said on Sunday. Addressing a press conference in Peshawar, Pakistan Tehreek Insaf MPAs described the load-shedding as a conspiracy against their government. They demanded immediate removal […]
Pakistan’s first private hydro power project is being inaugurated in Mirpur‚ Azad Kashamir on Monday. Prime Minister Mian Muhammad Nawaz Sharif is expected to inaugurate the project. The 84 megawatt run-of-the river New Bong Escape Hydropower Project will contribute 540 GWh of green energy annually to the National Grid. The project […]
An Indian Interior Ministry officer has disclosed that Indian government was behind the 2008 Mumbai attacks and an attack the Indian parliament in 2001 to approve tough anti-terror laws, Indian media reported Sunday. In what is certain to escalate the already vicious fight between the Indian Central Bureau of Investigation (CBI) and the Intelligence […]
Pakistan army said Sunday that its army officers have jumped from military helicopters for the first time in the country’s history. An army statement said a total of 24 Lady Officers of Pakistan Army successfully completed a three-week Basic Air Borne course at Parachute Training School in Peshawar. “Pakistan Army, in another landmark […]